Business & Economy

Calls for presidential candidate to resolve Concha y Toro strike

Friday, 24 May 2013 17:43
Written by Weiru Fang
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Socialist Party president asks former finance minister and current independent to step in after 530 workers at Chile’s biggest vineyard demand wage adjustments.

Socialist Party (PS) head Osvaldo Andrade called on presidential candidate Andrés Velasco and the Labor Ministry to intervene in an ongoing strike in Chile’s biggest vineyard.

Assessing Piñera’s state of the nation: The Chilean economy

Wednesday, 22 May 2013 22:00
Written by Kieran McGrath
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President emphasizes Chile’s growing consumer culture in a May 21 address that is heavy on content but light on detail.

Economic development was a core theme of Sebastián Piñera’s May 21 presidential address Tuesday. The president spoke for more than half an hour on the economy, emphasizing the creation of 800,000 jobs, a continued increase in foreign direct investment (FDI), and the average 5.8 percent growth in gross domestic product (GDP) the country has seen over the last three years.
 
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Assessing Piñera’s state of the nation: Energy and environment

Wednesday, 22 May 2013 22:00
Written by Kalynne Dakin
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Piñera acknowledges need to amplify sustainability of the country’s rapid development in his term’s last May 21 address.

While boasting of the highest growth rate among the world’s highly developed economies in his state address Tuesday, Chilean President Sebastián Piñera confronted looming concerns for the environmental quality of the country’s progress. Environmentalists, however, lamented that the president did not tackle fundamental ecological concerns.

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Young Chilean social entrepreneur targets poverty across oceans

Tuesday, 21 May 2013 18:57
Written by Angus McNeice
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 BalloonVenture partners business graduates and local entrepreneurs to aid impoverished communities in Chile and Kenya.

Sebastián Salinas Claro, 24, a recent business graduate of Chile’s Universidad Adolfo Ibañez, has masterminded a new business generation model that is both lucrative and has the potential to lift communities out of poverty.

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Court rules against Chiloé mall builders

Friday, 17 May 2013 20:35
Written by Katie Helland
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The company building the controversial mall in the island city of Castro was ordered to pay after failing to halt construction.

Paseo Chiloé, the mall currently under construction in the capital city on the Chilean island of Chiloé, has long been a controversial building project. Some say it’s an eyesore. Others say the traffic it will create will cause environmental problems. Most complain it just doesn’t look like it fits in the tiny island city.

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